Newsweek | Tom O'Connor: Iran appeared set to face its fourth looming crisis as global oil prices crash, further threatening the country's economic outlook as it simultaneously tackled U.S. sanctions, a deadly coronavirus epidemic and occasional outbreaks of political unrest. Oil markets continued their dramatic plunge Monday, dropping more than ...

Reuters - The U.S. government confirmed that Saudi Energy Minister Khalid al-Falih met with U.S. special representative for Iran Brian Hook in Vienna on Wednesday, contradicting a Saudi denial that the talks had taken place. Sources familiar with the meeting said earlier that Hook, a senior policy adviser to U.S. Secretary of State Mike Pompeo, ...

SHANA -- Iranian Minister of Petroleum Bijan Zangeneh left Tehran for Vienna on Wednesday to attend the 175th general meeting of the Organization of the Petroleum Exporting Countries (OPEC). Reducing at least a million barrels per day of the groups production in a bid to prevent further drops in oil prices is top on the meetings agenda in Vienna ...

MNA Iranian Oil Minister Bijan Namdar Zanganeh said Iran will take measures and act based on the resolution adopted by the Organization of Petroleum Exporting Countries (OPEC) in its recent meeting. Some countries want to give a positive signal either to the market or the US, so that this issue has nothing to do with OPECs latest meeting, he said,...

Tasnim Irans former OPEC governor Mohammad Ali Khatibi said the Islamic Republics demands have been satisfied in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC). Speaking to the Islamic Republic of Iran Broadcasting (IRIB), Khatibi, who is also an expert in the oil industry, said Iran insisted that no change should ...

3rd round of Iran-Switzerland political talks held in Tehran [caption id="" align="alignnone" width="764"] Third round of Iran-Switzerland political talks was held in Tehran on Monday with the attendance of Irans Deputy Foreign Abbas Araqchi and Swiss Secretary of State for Foreign Affairs Pascale Baeriswyl.[/caption]   6th International ...

IRNA There is no figure in Friday OPEC statement for increasing oil output, the Iranian petroleum minister announced. 'The stance is transparent, and there is no ambiguity, and this is what I've said from the first day,' Bijan Zangeneh told reporters in this Austrian capital city where the 174th ministerial meeting of the Organization of Petroleum ...

Iran Front Page- IFP has taken a look at the front pages of Iranian newspapers on Saturday, June 23, 2018, and picked headlines from 17 of them. IFP has simply translated the headlines and does not vouch for their accuracy. The top story in all newspapers today was the remarks by Iranian Deputy Foreign Minister Seyyed Abbas Araqchi about the critical ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said the group reached a consensus to stick to the bodys output reduction agreement it struck back in 2016 to cap production by 1.2 million barrels per day after the 174th OPEC meeting. The Iranian official, following the 174th ordinary meeting of the Organization Petroleum Exporting Countries ...

SHANA-- Members of the Organization of Petroleum Exporting Countries (OPEC), during the bodys 174th ordinary meeting in Vienna, endorsed Irans proposed model for boosting the groups crude oil output, sticking to full compliance with OPECs output cut deal. The meeting came to an end on Friday with members reaching a consensus to stay fully committed ...

Reuters - Oil prices soared on Friday after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand. The Organization of the Petroleum Exporting Countries and other top crude producers, meeting in Vienna, agreed to raise output from July by about 1 million barrels per day (bpd) ...

IRNA - The 174th ministerial meeting of the Organization of Petroleum Exporting Countries (OPEC) opened here Friday with Iranian Petroleum Minister Bijan Zangeneh representing Iran in the session. The session which opened after an hour-long delay will be one of the most challenging meetings of the oil cartel in recent years due to US President's ...

Tasnim Iranian Oil Minister Bijan Zangeneh described his recent meeting with Saudi Energy Minister Khalid al-Falih in Vienna as successful. A private discussion with Saudi Arabia's energy minister ahead of the meeting had been successful, Zangeneh said on Friday speaking to reporters in a conference room. He added Tehran would be content with ...

SHANA | Hassan Hoseini: The�biannual meeting of Organisation of Petroleum Exporting Countries (OPEC) in Vienna kickstarts on June 22 to decide a roadmap for their production output.  

Bloomberg- OPEC and its allies reached a preliminary agreement in the face of strong opposition from Iran to boost production by a theoretical 1 million barrels a day the actual increase will be smaller as several countries are unable to raise output. In a night of drama in Vienna, the Joint Ministerial Monitoring Committee, which recommends policy ...

SHANA -- Iranian Minister of Petroleum Bijan Zangeneh stressed the current supply-demand balance in the oil market, saying: Someone needs to tell me, why we should increase production when the market is already in balance. Speaking to reporters prior to the OPEC technical ministerial committee in Vienna on Thursday to review compliance with the ...

TASS- Russia is going to hold talks before the OPEC+ ministerial meeting with Iran, the country that is still against proposals from Russia and Saudi Arabia to increase production, Russian Energy Minister Alexander Novak told reporters. "We will meet with Iran right now," he said. The OPEC+ agreement, which unites 24 countries, has been in effect ...

Reuters | Ahmad Ghaddar,Vladimir Soldatkin,Ernest Scheyder: OPEC edged closer on Thursday towards raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable. A production rise of about 1 million barrels per day (bpd) or around 1 percent of global ...

SHANA -- The Minister of Oil and Gas in the Sultanate of Oman said Iran was invited to the technical committee of the Organization of Petroleum Exporting Countries to be held in Vienna on Thursday. Speaking to reporters in the Austrian capital on Wednesday, Mohammed bin Hamad Al Rumhi said Iran and Iraq are invited to the joint technical committee ...

Reuters - Oil ministers will debate on Thursday whether to raise supplies by 1 million barrels per day as the main proposal for the upcoming meetings of OPEC and non-OPEC allies, OPEC sources said. Three OPEC sources said that if the proposal was approved, all OPEC members and their non-OPEC allies could raise supplies pro-rata, with Saudi Arabia ...